Updated 11 hours ago

2296 Atlantic Ave

Ocean Hill, Brooklyn | Park Ave & Myrtle Ave

Multi-Family

$1,100,000
floors / apts3 / 3
Lot Size16'x100'
Built Size16'x45'
ZoneR6
Building TypeHouse
RE Taxes$1,208

Property Description for 2296 Atlantic Ave

Welcome to 2296 Atlantic Avenue, this exceptional three-family turnkey investment property delivers immediate cash flow and long-term upside, boasting an impressive ~8.6% cap rate. Fully occupied with stable, paying tenants, the building is well maintained and requires minimal management—making it a true plug-and-play asset for any investor. Each unit features functional layouts designed for tenant comfort and retention, contributing to consistent rental income and a proven occupancy track record. This is a rare opportunity to secure a high-performing, income-generating property with solid financials from day one. Adding even greater value, the neighboring building 2294 Atlantic Avenue is also available and can be purchased as a package deal. Combined, the properties present a unique development opportunity with additional air rights, offering significant upside potential for expansion or redevelopment. R6 Zoning. Ideal for both seasoned investors and developers looking to maximize returns through income and future growth.

Listing History for 2296 Atlantic Ave

Now
05/05/2026
$1,100,000
Initial Price by Kenwood Chan
eXp Realty BKNY
Launch

Building Details for 2296 Atlantic Ave

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Contact Agent

Contact Agent

Licensed As
Kenwood Chan
Salesperson
License#:
10401312819
Company:
eXp Realty BKNY
Kenwood Chan
eXp Realty BKNY
View this property on the company's website

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 106065TH